Petrol price of Rs 63.16 per litre in Delhi is more than Rs 44.05 per litre rate of the fuel in Pakistan and Rs 54.75 in Sri Lanka. However, it is cheaper than Rs 76.97 per litre price in Bangladesh and Rs 68.13 a litre in Nepal.

Petrol and diesel prices were hiked for the second time in February. Saturday's hike, coinciding with the Union Budget, was a hefty Rs 3.18 per litre for petrol and Rs 3.09 per litre for diesel (inclusive of taxes in Delhi).

With the price of global crude oil continuing to drop, the Indian oil marketing companies today announced to cut the retail prices of petrol and diesel in the country. To come into effect from midnight tonight, the petrol and diesel prices have come down by Rs 2.42 per liter and Rs 2.25 per litre respectively.

The much-awaited 2015 Mercedes-Benz C-Class finally entered in India today. Priced at Rs 40.90 lakh (ex-showroom, Delhi), the new C-Class has been launched in only petrol model, the diesel model of the saloon will be rolled out in early 2015.

This is the seventh consecutive reduction in petrol prices since August and third in diesel in rates since October. In Delhi, petrol will cost Rs 63.33 a litre as compared to Rs 64.24 per litre previously while in Mumbai.

After failing to make an impact with Baleno and SX4 in the mid-sized sedan segment, Maruti Suzuki India is here with the all new Ciaz. Launched in the price bracket of Rs 6.99 - 9.80 lakh (ex-showroom, Delhi), Ciaz replaces SX4 in the country.

Indian Oil Corporation will cut the retail price of petrol by about 3 per cent, or Rs 2.18/litre in New Delhi, from Friday as global prices of the fuel have eased since the last revision, the company said in a statement late on Wednesday.

After months of waiting since its unveiling at the 2014 Delhi Auto Expo, the A3 sedan - Audi's cheapest car in the country has been finally launched today at a starting price of Rs 22.95 lakh (ex-showroom, Delhi). Available in a total of five variants, the car has only one petrol variant priced at Rs 28.95 lakh, the other four are diesel variants.

Petrol will cost Rs 1.86 per litre more (including taxes) in Delhi from Monday and sell for Rs 70.44 a litre against Rs 68.58. Oil firms had on June 1 raised the price of the fuel by 75 paise (excluding taxes) and followed it with a Rs 2 per litre increase on June 16, and Rs 1.82 on June 29.